Fortnite: Apple's Epic Fail?

Daniel Ives, Managing Director for Equities Research, Wedbush Securities

25-Aug-20 07:37

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Earlier this month, game developer Epic sued Apple after the company removed Fortnite from the App Store. This came after Epic’s attempt to go around Apple’s payment mechanisms to avoid the 30% cut of commissions earned.  While this continues to develop, Apple also hit the $2 trillion mark last week, so with all this in mind, we take a look at the possible market implications of these developments.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan, Noelle Lim

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Categories: Technology, Tech, Film, Politics, Social Issues, Investments

Tags: Apple, Epic, Fortnite, App Store, Tim Cook,

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